September 30, 2019/InvestmentOne Update
ASI as at 12.00pm: -1.64%.
Market movers: UAC-PROP (-9.48%), NEIMETH (-9.09%), NPFMCRFBK (+9.09%), CONTINSURE (+9.52%).
Sector Performances:, Banking (-0.18%), Oil & Gas, Consumer Goods and Industrial (+0.69%).
Market activity: In today’s early trade, while total volume and total value declined by 57% and 72% respectively compared to this time last week Friday as investors have exchanged about 32million units of shares worth about N195Million. FBNH (-0.91%) is the most actively traded stock thus far with about 16million units of shares accounting for about 50% of total volume.
Likely close: In the absence of a significant gain in DANGCEM, the market may close down today if the losses in Banking sector and MTNN persist.
